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Bull’s Eye Report: Gannett Co. (GCI)

GCI is a buy at current levels


At, we strive to “own the best and ignore the rest” in our equity portfolios. Toward this end, each day we search our database for a “top stock” (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical “set up” and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the “bull’s eye” stock shown below is generally their first choice.

Company Symbol Industry Stock Rating YTD% Gain S.T. Stop Loss
Gannett Co. GCI Publishing 9.8 +10.98% $19.98

Why We Like The Stock:

Gannett Co. (NYSE:GCI) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) with a positive technical set-up. Publishing stocks haven’t been so hot since mid-March, but they seem to be turning a corner this week. Just look at GCI’s competitors, Morningstar (NASDAQ:MORN), Meredith Corp. (NYSE:MDP), and Washington Post (NYSE:WPO). GCI crossed above its 50-day moving average yesterday, and is gaining again today. While there’s resistance overhead at $22, GCI offers a quick +2.5% gain up to that price, which seems almost inevitable here. Should this publishing stock break higher, the positive intermediate-term trend continues higher, and this could be a very profitable trade. With solid support at $20, we like GCI back up to $22 and beyond.

We Would Be Buyers:

At the current price (~$21.35).

Company Profile:

Gannett Co., Inc. is an international media and marketing solutions company, delivering content and services across an integrated, multi-platform portfolio. The company’s portfolio of national brands includes USA TODAY and CareerBuilder. Their properties cover a range of geographies, demographics and interest areas to provides consumers with the information they want and connect them to their communities of interest through multiple platforms, including the Internet, mobile, tablet, print publications and television stations.

Stock Rating: 9.8

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 – 10 with 10 being the highest.

Gannett Co. – Last Three Months

GCI 3 month performance

Gannett Co. – Last 12 Months

GCI performance last 12 months

Gannett Co. – Last Five Years

GCI performance last 5 years

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At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.

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